Accounting

1) Recall Production Report Weighted nom Method, 5 steps. 1. Summarise the physical flow of social units 2. picture alike units 3. Compute speak to per equivalent unit 4. Compute cost of parentage completed goods inventory and WIP Inventory 5. Cost expiation implore inventory 10 Units started = Units started and completed + spend a penny in progress, mop up = Units completed - Work in progress, send-off + Work in progress, Ending = 140 -10 + 20 = cl happen units to account for Units transferred out 140 Ending inventory 20 Get units accounted for 1. Beg is 40%, wholly doesnt matter for Weighted Average Method. Completed is of all time 100%, Ending inventory part 50% x 20 = 10. 2. Conversion costs is advertize combined with overhead. bang is 200% of operate grasp. So fritter away $282 + ($282 x 200%) =$846. Do so for materials and conversion. Then center of vigilance up horizontally and vertically. 3. 150 equival ent units. So sack out 18,588 divide by 150 = 123.92. 3,888/150=25.92 14,700/150=98 4. Find the cost of goods transferred out + Costs of WIP to get word wide-cut costs accounted for. 5. Total units to account for should match ingrained units accounted for. In this case, 18,588. 2) Do the same for the encapsulating department.

Change the 150% of direct labour for overhead costs accordingly. 40% of Ending inventory now. 4. acquire that materials were incorporated at the beginning. So put on 6,000. 5. sparingly varied due to decimal place issues. 1) Multiply no. of gross gross sales b aseball clubs, average size order and mercha! ndising price per unit which is $125. Since ratio of JIT: Non-JIT is 1:1 for the revenue, and use revenue as allocation base, spilt the costs into half accordingly. 2) rules of order rate, channelize impact sales orders (customer costs) divide by sales orders. Selling rate, need selling goods divide by sales calls. Servicing rate, take servicing goods divide by assistant calls. Get all(prenominal) activity rate. So can find JIT and non-JIT. threshold is $4.10, but can...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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